Grab agrees world's biggest SPAC merger, valued at $40 billion

Grab agrees world's biggest SPAC merger, valued at $40 billion

3 years ago
Anonymous $4BDEsVAtYS

https://www.reuters.com/article/us-grab-m-a-altimeter-growth/grab-agrees-worlds-biggest-spac-merger-valued-at-40-billion-idUSKBN2C00H6

SINGAPORE (Reuters) -Southeast Asia's biggest ride-hailing and food delivery firm, Grab Holdings, agreed a merger on Tuesday with U.S.-based Altimeter Growth Corp in a deal that gives Grab an initial proforma equity value of about $39.6 billion and will lead to a public listing

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